GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) Sees Large Decrease in Short Interest

GraniteShares 1x Short AMD Daily ETF (NASDAQ:AMDS) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 1,200 shares, a decline of 95.3% from the December 31st total of 25,600 shares. Based on an average trading volume of 45,600 shares, the short-interest ratio is presently 0.0 days.

GraniteShares 1x Short AMD Daily ETF Stock Down 1.3 %

NASDAQ AMDS traded down $0.22 during trading on Thursday, hitting $16.02. The company had a trading volume of 19,426 shares, compared to its average volume of 42,459. The company’s fifty day moving average is $15.22 and its 200-day moving average is $13.94. GraniteShares 1x Short AMD Daily ETF has a one year low of $9.48 and a one year high of $16.85.

GraniteShares 1x Short AMD Daily ETF Company Profile

The GraniteShares 1x Short AMD Daily ETF (AMDS) is an exchange-traded fund that mostly invests in information technology equity. The fund provides 1x inverse leveraged exposure, less fees and expenses, to the daily price movement for shares of Advanced Micro Devices stock. AMDS was launched on Aug 21, 2023 and is issued by GraniteShares.